Articles

Jordan-EU Business Forum

12 September 2019

GERMELA participated in the Jordan-EU Business Forum in Frankfurt on February 7th, we had many good discussions with representatives of the Jordanian Government and of the Jordanian Trade Association and we were able to establish good contacts.

The Jordan Chamber of Industry (JCI), in cooperation with the local industrial chambers and the Jordan Investment Commission, held the Jordan-European Business Forum in Frankfurt, Germany.

During the day we had a lively exchange with interesting companies, where our Head of Arabian Department, Mr. Mamdouh Al Tajjar discussed the procedure of obtaining German residence permit for the Jordanian entrepreneurs who plan to stay in Germany to form a business, in addition explaining how GERMELA can support them in all steps in developing their business plans. Our lawyer, Mr. Damon Rahimi Moghaddam, gave an overview about the business opportunities for Jordanian companies in Germany taking into account the legal framework for national and international transactions.

The Jordan-European Business Forum in Frankfurt/Main aimed at raising awareness about the new opportunities, as well as promoting business and investment partnerships through offering bilateral meetings between Jordanian and European companies.

Background of the Jordan-EU Business Forum

The background for this expanding business relationship between the EU and Jordan is the treaty agreed on in the summer of 2016, to simplifying the rules of origin that Jordanian exporters use in their trade with the EU. This initiative has the target to help Jordan creating new jobs and strengthen the economy in the context of the present Syrian refugee’s crisis for both Jordanian and Syrian.

The gathering aimed to promote local products in the European market and provide an opportunity for Jordanian companies to meet with importers from various European countries, and hold bilateral meetings between Jordanian and European firms to apply business matching stipulated by the accord to identify potential buyers in Germany.

The programme included:

a conference on Jordan-EU decision on relaxation of the EU rules of origin

a presentation of business environment and industrial sectors in Jordan & success stories

B2B meetings between EU, Jordanian and other company representatives

About 25 Jordanian companies from various sectors took part in the forum, including plastic and engineering industries, clothing, packaging, chemical industries, cosmetics, metals and food products.

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